Such transformations are rare. More benefits for more people. And big companies often struggle with change. TOOK A STAND FOR HIS DIGITALISATION: Farshad Nili taught himself programming in his spare time while working for HR for Equinor. We are looking at how an oil and gas company can adopt parts of the work methods used by companies engaged in software development.”, Farshad is helping to automate our company: His team has contributed to saving 25,000 working hours per year. in Industrial Economics from NTNU, MBA from ESADE Business School and Duke University. But most of all, it gives me more time to be creative in my work. “This saves a lot of working time and improves accuracy. “KONGSBERG is now able to offer a complete energy initiative via Kongsberg Digital. I discuss some of the risks and opportunities in the article Do Robots with Viruses Get Sick Days? Even if in the past the number of flights taken returned to the original growth trend following the financial crisis or the SARS outbreaks, one German study … Digital marketing has an incredible influence on people’s interactions, work, purchases and life habits. In our case, Artificial Intelligence or Machine Learning could mean components in machines becoming more intelligent and thereby reducing wear, and so on”. Responding to criticism of hydraulic fracturing in the US, CEO Eldar Sætre speaks about the name change. “I describe KDI as an industrial digitiser in the Industrial Internet of Things, Big Data and Artificial Intelligence. “The term digitalisation has at least two definitions: Digitalising an object or a phenomenon, or more generally to replace manual or physical tasks with digital solutions”. Historically, maintenance is performed on pre-set dates. This post aims to explain how the Internet and technology has changed the way how music is produced,promoted and consumed. This will definitely offer new opportunities, efficiency, and safety from virus, but digitalisation has … Getting everyone on the same page with regard to our message, direction and vision has been an important task over the last few months”. Advanced analysis of data Digitalisation in Banks has not only reduces human errors and save time but has led to cashless transactions which have reduced the circulation of fake currency in the market. What are the greatest threats to the success of your digital commitment? Digital change is a radical change in the economy and society that has occurs over a period of almost 50 years. The COVID-19-induced lockdown and the absolute necessity for human beings to maintain a physical distance from one another in order to contain the pandemic has changed our lives in unimaginable ways. “So, I’ve mentioned transport. The digitization of our world has been a forward march for years now; still, it might be surprising to step back and look at how physical copies of our stuff have changed … “You are heading a completely new business area in KONGSBERG. That is probably the biggest challenge facing KDI right now”. Digitalisation is the key to a successful future for the insurance industry. How the Digital Revolution changed the world. Working from home does, potentially, however have some direct environmental benefits too, at least in the short term. For decades it was the norm, that employees went to their offices and remote working was perceived as something unusual and as an inefficient way of working. I believe in leading teams towards clear targets, and trusting people as much as possible. The print medium all over the world is no exception. But have they changed forever? These are assistants which gather large volumes of information on our behalf, select what is most important, and give us short, easy-to-process summaries. This change alone has had phenomenal effects on just about every aspect of humanity. This led to a new job in the company. “I would say that there have been some important decisions to make along the way — relating to fields like technology and architecture. “Not necessarily,” replies Hege Skryseth, who is heading KONGSBERG’s digitalisation drive. New battery technology will make it possible for us to store renewable energy for much longer than we can at the moment. Click 'Submit' to go to the site home page or close this dialog to continue in the site. Farshad Nili is a good example. Digitalisation. I really appreciate that,” says Svalestad. How do you describe Kongsberg Digital to someone who has never heard of either Kongsberg or KDI before?”. In addition to the fact that digitalisation continuously changes our work tasks, it has also had a substantial impact on how we live our lives: CDs to MP3-files, books to e-books, maps to GPS, photo albums to Instagram, post to e-mail — there are many examples. The break from the mundane, although has shaken the very basis of our lives, but has also exposed us to new directions that we can take to keep up with our lives. Image: Images by John 'K'/Flickr By 2050 there will be 9 billion people to feed, clothe, transport, employ and educate. Will we be allowed steer our own cars on the roads in 25 years’ time? Our lives have changed with the coronavirus crisis. “Kongsberg Digital has been operational now since 1 July 2016, and as we mentioned before, you have been working on getting it established since the announcement in February. It has become almost cliché to talk about the disruptive characteristics of technology – how it is continuously changing the way we go about our daily lives; the way we interact and communicate with each other, the way we create, store, retrieve and distribute information and ultimately the way we go about doing business. They range from nanotechnology to 3D printing and all the interplay between. Likewise, the workplace culture has been radically altered due to the pandemic. Driverless cars are already out on the roads. Digitalization is the use of digital technologies to change a business model and provide new revenue and value-producing opportunities; it is the process of moving to a digital business. “How would you describe yourself in terms of your leadership type and style?”. Besides, the Covid-19 situation has been a blessing in disguise for many of us. Digital technology has changed many things in our lives, but how is it affecting gender equality? Kongsberg Digital signed agreements with both of these companies in the early summer, and we will be involved in their development work in the field of renewable energy. “Digitalisation” is a broader, more strategic word to embrace the holistic process of transformation across different sectors and different areas of our lives: digitalisation is when you use digital technologies to change a business model and provide … “You have been in demand as a speaker since Kongsberg Digital was announced in February this year, and you meet a lot of different people. The technology is also used by organisations such as NASA and in Formula One, and functions as a copy – but in a digital format. It’s not every day that you get the chance to be a ‘founder’ in a company that is 202 years old. My focus is on assembling strong teams, getting them to work well together, getting the best out of people and finding the chemistry within the teams. We have worked very hard to get the team to come together. Statkraft has come a long way with wind power. “You could say that it’s very exciting. Good collaboration and targeted work within energy management have reduced the annual emissions from Equinor’s operations in Norway by more than two million tonnes of carbon dioxide over the past ten years. ... Romania’s support for increased digitalisation across various sectors is second only to Poland. We want to discuss how she thinks digitalisation will affect our lives and work. How important is it for KDI to be responsible for the focus on renewable energy?”. I think that will be very important in the future,” says Nili. A ‘wind-win’ situation, to twist a popular phrase”. In addition to the fact that digitalisation continuously changes our work tasks, it has also had a substantial impact on how we live our lives: CDs to MP3-files, books to e-books, maps to GPS, photo albums to Instagram, post to e-mail — there are many examples. Improving operational regularity, reducing costs and reinforcing safety by reducing human involvement in physically intensive activities. Internally, externally and in a lot of different fora. By closing this message you agree to our use of cookies. Digitalisation has transformed the character of the labour market, changed the way we interact with our friends, shaped political participation, is impacting the future … “We are also in an early phase in the field of renewable energy. The first is about how all of the electrical devices with which we surround ourselves will soon begin to communicate. “The twin allows us to have a constant overview of what is happening on Johan Sverdrup: For example, we can be notified that a part should be replaced. Now it is only performed when it is required. M.Sc. Here we meet Torbjørn F. Folgerø, head of the centre. In practice, an estimated 600 hours per year can be saved on following up orders. Predicting and preventing safety and security incidents. But won’t digitalisation mean that many people will be replaced by machines, and lose their jobs? Self-driving cars, robots and more accessible technology. Digitalisation is already all around us. The page '' is not available in language. Robots will make our work easier. I believe that we are going to be more knowledgeable, thanks to what we call cognitive assistants. While we are recognised as a technology leader among energy companies, we must be humble and see the value that lies in learning from and cooperating with other players – both within and outside our own industry.”. I am seeing high levels of interest from a number of leading companies in the oil, gas and maritime fields. In order to meet the changing needs of its client base, the insurance industry has to invest in hardware and technology such as the IoT and data analytics. “Digitalization is the use of digital technologies to change a business model and provide new revenue and value-producing opportunities,” according to Gartner’s glossary. According to Svalestad, a digital twin of the Johan Sverdrup field is one of the best examples of how Equinor works with digitalisation. According to Folgerø, digitalisation isn’t just about new technologies. TWIN: Trine Svalestad is heading the effort to digitalise the Johan Sverdrup development. In addition Kongsberg Digital is the group wide center of digital expertise for KONGSBERG. “In many ways, our markets are in an early phase in terms of digitalisation. “My first automation program simplified the task of verifying that equipment ordered from our factories around the world is ready for pick-up,” says Nili. If Our Future Is Digital, How Will It Change the World? He recognised that his company needed to automate processes – and that his self-taught digitalisation skills could also be useful in other areas. we can see countless effects of digitalization in our life. “The next 25 years is an exciting period, during which many things may change. Schmidt is a firm believer that technological innovation will ensure … "Digitalisation can significantly improve the lives and livelihoods of our people. “Our job is to use digitalisation to increase safety, improve earnings and reduce carbon emissions on a field which, at peak production, will account for 25 percent of all Norwegian oil and gas production. Although I cannot even predict what will be happening with our lives when this article is published, all signs predict that online education will get a serious boost after our lives return to normality. Now it is only performed when it is required. Streamlining work processes by reducing time spent on manual or repetitive work tasks, where possible. Solar parks will be able to provide the grid with stable power. “But expectations of ‘the next big thing’ don’t always turn into reality — some new technology always appears on the scene and demolishes what we thought would be the future”. The way I see it, automation of processes will lead to more time for people to delve into the more challenging parts of the job. A Sustainable Change? Click 'Submit' to go to the home page or close this dialog to continue in . Digitalising work processes As an industrial corporation, we must be very aware of that. As such, companies today need to have a firm grasp on how to utilize the digital … “It allows me to be more creative,” says Trine Svalestad. The digital twin allows the team to stay in control of what is happening. “Digitalisation will change the way we work, and it will affect work tasks and effectiveness. Most things become simpler and more accessible.”. This digital transformation results from what economists who study scientific progress and technical change call a general-purpose technology—that is, one that has the power to continually transform itself, progressively branching out and boosting productivity across all sectors and industries. There are some great answers here already so I do not want to step on the toes of their answers but I do agree. “Wind power is a great example. Digitalisation means that production increases while costs go down. Photo: VG PARTNERSTUDIO. We are seeing a number of trends in energy supply in which our technology could play a significant role. This means that we will be able to meet many of our clients’ needs. Reducing costs and reinforcing safety by reducing human involvement in physically intensive activities ” says Trine Svalestad is heading ’!: ‘ so, there has been an intense debate on the experience practitioners. 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